Warranty - Level of cover

[Ben]

Hello

My BMW warranty runs out soon, rather than renew at Comprehensive straight away ( we're living in frugal Britain now after all) I thought I'd ask for some advice. What sort of cover do you chaps have with BMW? Comp, Named Component, Driveline? There's roughly £300 difference between the top level and the low level, so it's quite a saving.

Any opinions/advice/experience/rants would be appreciated.

B.

[outnumbered]

Driveline is a false economy I think as it only covers to Max £5k, which wouldn't cover an engine for example, and it's not that much cheaper.

I've got Named Components and wish I'd taken out the Comp warranty, since I've had a fair bit of stuff this first year of ownership that Named Components didn't cover (sticking caliper; diff oil seal leaks; a ball joint, RTABs).

For anyone who's just bought a car, I reckon Comp is worthwhile for the first year at least so you can be sure that any stuff that appears due to the car's previous life gets sorted at minimal cost.

Then after that you can base it more on your own risk assessment and any amount you've spent on preventative maintenance.

[shimmy]

Named

Def not driveline

[mattCSLnut]

When BMWs (CSL included) breach the 60K miles barrier there is no point (IMHO) having Fully Comp cover as most things which are usually covered under the F.C. warranty are excluded (due to the 60K + mileage) like suspension, interior trim, etc.
Named Components Warranty has been very fruitful for me & my 60K + CSL :whistle: in the last 18 months :thumbs:

[shimmy]

Named Components Warranty has been very fruitful for me & my 60K + CSL :whistle: in the last 18 months :thumbs:

:thumbs:

[s.mac]

I have comprehensive and just at the moment it is worth its weight in gold :smokin:
not sure what would have been covered under named as it didnt enter my head to look at it, maybe an option if Shimmy and Matt have done well with it :beer:

[Bounce]

Ive had fully comp the last 3 years and always had more than my money back,but now its over 60k may look at named this time around.

[mattCSLnut]

Ive had fully comp the last 3 years and always had more than my money back,but now its over 60k may look at named this time around.

Also it's worth switching to monthly payments (if you've not done so already) as that will freeze the price of your Warranty payments :thumbs: avoiding future price hikes.

[shimmy]

Also it's worth switching to monthly payments (if you've not done so already) as that will freeze the price of your Warranty payments :thumbs: avoiding future price hikes.

although it limits your total lifetime policy (rather than annual policy) claim to the cost you paid for your car so dont blow up two engines

[mattCSLnut]

although it limits your total lifetime policy (rather than annual policy) claim to the cost you paid for your car so dont blow up two engines

:hahaha: :hahaha: :hahaha:

[outnumbered]

although it limits your total lifetime policy (rather than annual policy) claim to the cost you paid for your car so dont blow up two engines

Isn't that restriction only for Named Components though ? At least for annual, I think the Comp cover is unlimited, whereas for NC it is limited to the price of the car.

[shimmy]

Isn't that restriction only for Named Components though ? At least for annual, I think the Comp cover is unlimited, whereas for NC it is limited to the price of the car.

I have got paperwork but I doubt any insurance policy gives you unlimited cover. I seem ro recall Comp and Named were limited to price you paid for your car (you have to show receipt on big claims) and Driveline to £5k.

[Ben]

details here -

http://www.bmw-warranty.co.uk/Pages/Information.aspx?page=Products/NamedListed/Details.htm

[outnumbered]

I have got paperwork but I doubt any insurance policy gives you unlimited cover. I seem ro recall Comp and Named were limited to price you paid for your car (you have to show receipt on big claims) and Driveline to £5k.

I checked the link, amd yeah, you're right.

I'll just stop trying to answer warranty questions I think 'cos my success rate so far is low... :bigcry:

[shimmy]

I checked the link, amd yeah, you're right.

I'll just stop trying to answer warranty questions I think 'cos my success rate so far is low... :bigcry:

:hahaha:


Good to see some humility on this site :smokin:

I think you were basing you warranty knowledge on good old "wishful thinking"